AEROSPACE FLEET EXPERIENCE Tim Mahoney, President & CEO Carl Esposito, VP, Marketing & Product Management June 23, 2014 0 Aerospace Fleet Experience June 23, 2014
Forward Looking Statements This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission. 1 Aerospace Fleet Experience June 23, 2014
Agenda Tim Mahoney - Growth and New Wins Carl Esposito - Integrated Portfolio Across Aerospace - Connectivity and Innovation Platform Tours 2 Aerospace Fleet Experience June 23, 2014
Pipeline Of Wins Fueling Growth $4B Bombardier Lear 70/75 $24B Embraer 450/500 $0.5B Pilatus PC-24 $3B Embraer E2 COMAC C919 $16B $3.5B $1.5B Aermacchi M-346 G650/G650ER Bombardier CL350 $6B Airbus A350 $18B $2B $10B Dassault F5X/F8X Unannounced Boeing 737 MAX $8B 2014 2015 2016 2017 2018 Wins Driving Accelerated Growth 3 Aerospace Fleet Experience June 23, 2014
Honeywell s Platform Position Aircraft In Development/ Entry Into Service Winning On The Right Aircraft With The Right Products Mechanical Avionics Software & Services Honeywell Value Competitor Value Airbus A350 $18B $6-$9B (Avionics, Comp.) COMAC C919 $16B <$16B (Avionics, ECS, Comp.) Boeing 737 MAX $8B ~$2B (Displays) Embraer E2 $3B $2-3B (APU, ECS, Comp.) Embraer L500/450 $24B $3B (Avionics, Comp.) Bombardier CL350 $6B <$2B (Avionics, ECS) Bombardier Lear 70/75 $4B $0.5B (Avionics) Gulfstream G650/G650ER $3.5B Minimal Dassault Falcon 5X/8X $2B $1B Alenia Aermacchi M-346 $1.5B $0.5B (APU, Comp, Avionics) Pilatus PC-24 $0.5B Minimal 5 Unannounced Wins $10B Minimal Strong Pipeline Of Wins Beating The Competition 4 Aerospace Fleet Experience June 23, 2014
Picking The Winners Challenger 300/350 CL300 Best Selling Model In The Super Mid-Size Class Over The Last 10 Years CL350 Entered Service 2014 Strong Position With Fractional Operators Gulfstream 650/650ER Strong Orders Through Recent Downturn Large Backlog Deliveries Still Ramping Up Longest Range AC Currently Available ER Model Adds 500NM Falcon 5X/8X F8X EIS 2015 Building On Strong F7X Performance F5X EIS 2017 Sets New Bar For Comfort And Performance In Long Range Class Common Epic Avionics For HON Pilatus PC-12/PC-24 Over 1,200 PC-12 Turboprops Delivered PC-24 Lt-Medium Jet EIS 2017 Both Platforms Attractive Across Multiple End-Use Missions Common HON Epic 2.0 CL350 Revenue Potential $6B* Revenue Potential $3.5B* Revenue Potential $2B* PC24 Revenue Potential $0.5B* *Includes current awarded HON content over program life cycle 5 Aerospace Fleet Experience June 23, 2014
WINNING ACROSS THE PORTFOLIO 6 Aerospace Fleet Experience June 23, 2014
Broad And Unique Portfolio Mechanical and Electrical* Satcom Satellite TV Auxiliary Power Unit (APU) Power Converters HF Radio Bleed Air Control Systems Cabin Pressure Exterior Lighting Integrated Cockpits Flight Management Systems Radio Communications Navigation Radio, GPS, Inertial Electric Power Management Automatic Flight Control System Weather Radar Thrust Reverse Actuation Engine Valves Fly-by-Wire Propulsion Engines Engine Control (FADEC) Engine Fuel Control Air Turbine Starters Jet Fuel Starters Alternators/Generators Voice/Flight Data Recorders Emergency Locator Transmitter Environmental Control Air Cycle Machine Ozone Converters Fuel Tank Inerting Oxygen Generation Radar Altimeters Ram Air Turbines Air Data Computer/Sensors Electrical Flight Instruments Cabin Management Systems Terrain Awareness (EGPWS) Traffic Awareness (TCAS) Runway Awareness (RAAS) Honeywell Content Broadest In The Industry Mechanical Electrical * Plane Diagram Above is Representative of the HON Content Available for Planes in the Business Aviation Market 7 Aerospace Fleet Experience June 23, 2014
The Honeywell Cockpit WHERE AM I? Navigation/Flight Management System WHERE DO I WANT TO BE? Flight Management System WHAT S GOING ON? Comm/Surveillance Systems AIRCRAFT DATA COLLECTION: Central Maintenance Systems GO THERE! Auto Pilot Systems HUMAN MACHINE INTERFACE Integrated Avionics: A System Of Systems 8 Aerospace Fleet Experience June 23, 2014
Disruptive Innovations Connectivity + Broad Portfolio New Product Innovations Broadest Mechanical And Electrical Technology Portfolio Excellence In High-Integrity Software Applications Large Installed Base Global Relevance And Reach + EMS Acquisition Providing Worldwide High-Speed Connectivity - 5X Faster Than Existing Technology - Passenger Demand Fueling Growth - ~6K Aircraft Using 20Mb/Person Today 11K Aircraft Using 1Gb /Person By 2020 GX Broadband Satcom Services - Only Seamless, Truly Global Wireless Service Network For High Speed Data In-Flight Health Usage Monitoring + Sky Connect Satcom - Reduces Aircraft Downtime, Provides Real Time Safety And Efficiency Information SmartLanding/SmartRunway Safety - Improves Safety By Decreasing Runway Incursions, Helps Planes Depart / Arrive On-Time Cockpit of the Future - Intuitive Design With Voice Activated And Touch Screen Controls To Improve Safety And Cost Unique Portfolio Breadth Differentiated New Products 9 Aerospace Fleet Experience June 23, 2014
Connectivity Update 2012 EMS Acquisition Leading Provider Of Satellite Communications And Mobile Networking / Computers Solutions - Leading Technology With Largest Installed Base - Content Inside Over 75% Of Other s Satcom Products Sales Growth (5-Year CAGR) ~8% Cost Synergies (vs. Plan) 110% Return On Investment (At Year 5) ~19% - Every Air Transport & Regional Broadband Solution * Based On 2018 Expected Results 2013 Inmarsat Exclusive Contract Inmarsat s Global Express (GX) A Paradigm Shift In Global Satcom Connectivity In 2015 - HON Exclusive Manufacturer Of Commercial Hardware - HON Exclusive Services Provider For Business Aviation $2.8B Inmarsat Sales Synergies 2014 AT&T ATG Exclusive Contract AT&T s Air-to-Ground (ATG) Network Set To Revolutionize Regional Aircraft Connectivity In 2016 - HON Exclusive Manufacturer Of Commercial Hardware - HON Exclusive Services Provider For Business Aviation >$1B Building The Infrastructure For The Intelligent Aircraft 10 Aerospace Fleet Experience June 23, 2014
Honeywell User Experience Improved Customer Satisfaction And Sales 11 Aerospace Fleet Experience June 23, 2014
Up Next.Platform Tours CL300: Carl Kotlarz G650: Mike Edmonds AW139: Jeff Merdich Falcon 900: Jack Jacobs PC-12: Jim Rymarcsuk Thank You! 12 Aerospace Fleet Experience June 23, 2014
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